2026 Equities Middle Office Sophomore Summer Internship

The Role 

We are seeking a detail oriented and analytical intern to join our Operations division under the Middle Office team at Schonfeld in our New York office. You’ll spend ten weeks within our team where you will work directly with Operations senior management and across peer groups in all areas, while being immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on high profile projects. 

The Operations team at Schonfeld take on a wide range of responsibilities and challenges. They are responsible for the trade life cycle and that includes everything from supporting trading and portfolio managers all the way through to trade settlement. Throughout the program you will receive formal training, mentorship, and exposure to multiple groups including Core Operations, Asset Servicing, Technology, Market Data, Accounting, Portfolio Finance, our Fund Administrators, and Prime and Executing Brokers. 

What You’ll Do   

• Trade Lifecycle Management – Support the post-trade processing of all trading activity to ensure trades hydrate all internal systems and get delivered to external partners. 

• Trade Settlement Management – Work with prime brokers and executing brokers to resolve any trade settlement breaks, ensuring efficient operational procedures and reducing risk for the firm. 

• Data Integrity Improvements – Work with the Middle Office team on creating and improving databases in an organized and centralized location. 

This is a prime opportunity to learn various facets of the different business departments, acquire knowledge of how various asset types function, how data is retrieved and communicated with sell side counterparties, gain an appreciation for all components of data and its investment value to a hedge fund. In working on these operational projects, you will interact and liaise to helping us achieve a scalable infrastructure that is efficient and its data integrity in high regard for completeness and accuracy. 

What You’ll Bring 

What you need: 

• Interest in gaining Operations experience at a hedge fund 


• Basic understanding of capital markets, investing, and hedge fund strategies


• A keen analytical eye with high regard for attention to detail


• Proficiency in Excel and other MS Office applications 

We’d love if you had: 

• Working knowledge of Python, SQL, and/or another programming language 


• Prior experience using reporting or analytics tools with data aggregation 

Our Internship 

The Schonfeld summer internship provides students with a unique opportunity to experience Schonfeld, our work, our people, and our culture. Interns will typically join a small team and will spend 10 weeks at Schonfeld from June - August. 

Each summer intern will work on a tailored project that will provide them with real world experience.  We provide all interns with a dedicated mentor and manager to help them navigate the summer successfully. Interns will also participate in our learning program, the Sapphire: Summer Session, which aims to provide tangible skills training and education on various functions across the firm and in the workplace. Along with the hands-on guidance and support from managers and mentors, interns will participate in weekly networking events, engage with our Diversity, Equity and Inclusion Alliance, attend panel discussions, and have many opportunities to get to know Schonfeld’s core values in practice. 

Who We Are   
Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance. 

We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics. 

We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices.  

Our Culture  
Talent is our strategy. We believe our success is because of our people, so putting our talent above all else is our top priority. We are teamwork-oriented, collaborative, and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning & educational offerings and opportunities to make an impact.  

We foster a sense of belonging among all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. Our employees value diversity across identity, thought, people and perspective which serves as the foundation of our culture. As a firm, we are committed to creating a hiring process that is fair, welcoming and supportive.  

 
The annual base pay for this role is expected to be between $42,000 and $52,000 which will be prorated based on internship start and end date. The expected base pay range is based on information at the time this post was generated. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications and experience and level of education.